This paper aims to test the Friedmanite proposal on the link between the velocity of money demand and money growth. We base our work on the Philippines as its monetary policy has been subject to sharp swings since the 1980s. We use a method that takes into account possible structural breaks in the velocity of money demand and a GARCH model to evaluate the variability of money growth. We apply Granger causality tests to confirm the Friedmanite hypothesi
The explanation of velocity in neoclassical monetary business cycle models relies on a goods product...
This paper presents secular evidence on the income velocity of money balances. Under a variety of s...
The relationship between money growth and inflation is a topic of debate among macroeconomists. This...
This paper aims to test the Friedmanite proposal on the link between the velocity of money demand an...
This paper aims to provide a unified theoretical framework of the two hypotheses proposed by Friedma...
Using data from four countries, the paper tests Friedman\u27s hypothesis that the volatility of mone...
This paper re-examines the Friedman hypothesis that uncertainty about the future course of money sup...
This paper investigates the causal linkages between velocity of money and both anticipated and unant...
Recently the Bundesbank claimed that monetary targeting has become considerably more dicult by the ...
This paper tests whether financial innovations in the Philippines distorted the long-run relation be...
This paper presents a general equilibrium model of money demand where the velocity of money changes ...
This paper presents a general equilibrium model of money demand where the velocity of money changes ...
This study is concerned with the causal relationship between money, finance and growth. In the first...
The explanation of velocity has been based in substitution and income effects, since Keynes’s (1923)...
WOS: 000310183300003An empirical analysis of income velocity and the variability of money growth in ...
The explanation of velocity in neoclassical monetary business cycle models relies on a goods product...
This paper presents secular evidence on the income velocity of money balances. Under a variety of s...
The relationship between money growth and inflation is a topic of debate among macroeconomists. This...
This paper aims to test the Friedmanite proposal on the link between the velocity of money demand an...
This paper aims to provide a unified theoretical framework of the two hypotheses proposed by Friedma...
Using data from four countries, the paper tests Friedman\u27s hypothesis that the volatility of mone...
This paper re-examines the Friedman hypothesis that uncertainty about the future course of money sup...
This paper investigates the causal linkages between velocity of money and both anticipated and unant...
Recently the Bundesbank claimed that monetary targeting has become considerably more dicult by the ...
This paper tests whether financial innovations in the Philippines distorted the long-run relation be...
This paper presents a general equilibrium model of money demand where the velocity of money changes ...
This paper presents a general equilibrium model of money demand where the velocity of money changes ...
This study is concerned with the causal relationship between money, finance and growth. In the first...
The explanation of velocity has been based in substitution and income effects, since Keynes’s (1923)...
WOS: 000310183300003An empirical analysis of income velocity and the variability of money growth in ...
The explanation of velocity in neoclassical monetary business cycle models relies on a goods product...
This paper presents secular evidence on the income velocity of money balances. Under a variety of s...
The relationship between money growth and inflation is a topic of debate among macroeconomists. This...